0%
0/3 resolved calls right
3 scored · avg 63
single source
7
companies · 11 data points
Airbnb will become a multi-hundred million dollar business in revenue and profit.
What happened: Airbnb surpassed $200 million in revenue early on, but it did not achieve multi‑hundred‑million dollar profit until 2023, when it reported an operating profit of roughly $1.8 billion.
Verify at source ↗Square will become a multi-hundred million dollar business in revenue and profit.
What happened: Square’s revenue reached the multi‑hundred‑million range by 2013–2014, while its net income only crossed the $100 million threshold around 2021, so the prediction was correct in part.
Verify at source ↗Dropbox will become a multi-hundred million dollar business in revenue and profit.
What happened: Dropbox achieved multi-billion dollar revenue (well above multi-hundred million) but has not turned a profit, so only the revenue aspect of the prediction came true.
Verify at source ↗Microsoft saw that game plan did the same thing and now they're the world's most valuable company so amazing how being short-sighted the impulse control is so important
when Google in public they had the perfect definition of predictable and controllable revenue because they could pick the number of ads
Google has done at Facebook has done it
uber has to go public according to the Masayoshi Son deal or in that new deal that happened in the board structure they have to go by Nate 2019
Apple has done it many times
Google search it that was not a terribly well-run company yeah in the beginning
Cisco we turned we along with a probably another 50 some odd firms turned down the round that Sequoia did and that probably valued the company at uh 10 or 12 million wow so they wound up putting $2 or3 million in 2.6 million you don't forget these numbers for 30% because you know the funny thing is and they own what 30% or something they owned approximately 30%
I got overly that and if there was a huge lesson that I learned in the Venture business is that you shouldn't get overly sensitive about the personalities of the people you have to focus on the product Market fit right
if you look at Airbnb and Dropbox and square yeah these are going to be multi hundred million doll businesses
eBay very poorly run really I mean they they screwed up a lot of things PayPal disaster right fraud everything but but if people want the service it's going to succeed
one of the the company's Benchmark is well known for is uh eBay yeah and I can tell you that until it went public all of our peers in the Venture industry thought we were Silly they would say beanie babies come on this isn't a real business